Trends: Yorkshire & Humberside
Predictions & insights for Yorkshire & Humberside. Is your index likely to rise or fall?
In Yorkshire we have seen that the market has become more candidate driven rather than job driven. There has been an increase in vacancies but shortage of candidates. Employers are facing having a limited pool of candidates to select from, and as a result of this candidates who may not have as much experience in a certain field are now being considered. The impact of this is that the salaries of candidates are being driven up and employers are now being more competitive with benefits (cycle to work schemes, discount schemes, etc.)
In the past roles such as PAs and secretaries were in demand, however in today's market these candidates are being replaced with more business support executives and senior administrators. Jobs now require candidates to have multiple skills. For example, the emergence of small businesses has meant that these clients require candidates who are multi faceted i.e. they can do bookkeeping as well as administration, or do marketing as well as web developing.
Talent & demand
The current talent pool definitely isn't meeting demand. Employer requirements for candidates who have accountancy experience, particularly within the areas of payroll, credit control and bookkeeping, have certainly increased; however, because of the recession these types of roles were the first to be cut, which means there are not many available candidates who have recent relevant experience, which clients tend to demand.
There has however been a significant increase in online marketing vacancies, web developers, accounts based staff, sales & marketing, legal assistants/secretaries, lower end sales roles (£18-20k) and B2B sales. The housing market has increased this year, which has had a subsequent impact on companies requiring legal assistants within conveyancing. The motor industry has also seen an increase in business which means they are requiring more staff who have experience in this area.
Candidates need to ensure their CVs reflect the jobs they are applying for and ensure any key success which are put on there actually relate to the jobs they're aking to be considered for.
Employers may have to be more flexible with salaries and USPs in order to prevent candidates from being attracted by other opportunities. Employers should be a little more open to trainees as, a lot of the time, although people may not have direct experience they have the qualities and attributes in order to do a good job with the right training.